New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-04-12
GRANT & WARDS EXPERIMENTATION

RECEIVER DAVIES HAS NO CLAIM UPON CERTAIN
ERIE STOCK.
OF Justice graham In the sut OF the New
York, Lake and Western Railway Company against
Julien T. Davies receiver OF Grant & Ward and Others
which before him in the Supreme Court Circuit,
without jury. handed down Yesterday The suit was
brought value 100 shares Of stock OF the
pany winch had given Grant Ward OF the
security large The loan repaid but the stock
had meantime been rehypoecaed with the Mutual Life In
Company loan obtained this security having
repaid the receiver claimed that this stock part Of
the assets of Grant & Ward after their assignment
The railway company insisted that the stock
property and determine who the real owner
Justice ngrahan says the delivery Of the stock by
the ain INT IS. y w Of SroDsy aoe, pas s TO the
but remains mains % Is G s, s"pc5 % ae wau ii
be entitled possession Of tho pledge Grant Ward
II % kat % s 9 s. rasSen OF a. a sife e
the loan their f the 20 men ~ the sd s
ceased right possession became merged in the
the plantia Of the note the debt
the pan became entitled to the stock and could sue for m
repeyn and II delivery refused could MAINTAIN an ac
men had rehypot6ecate as security upward OF 100000
all OF the stock Hypothetical by The railroad company with
and Grant %s5 had right 70 Of the stock
ance COMPANY 70 that company len which ceased upon
defendant could other interest
stock that which Grant 4 Ward had 40 the time
assignment Judgment is given for the plaintiff with
costs.
THE SUIT OVER KEENE5 LARD TRANSACTIONS
The trial the suit brought by William D. Leonard as re-
r. Keene against E. A. Kent Co. for an &C
counting finished yesterday before Justice Truax In the
SUPERIOR Court Special Term f. testified under
the Mr. Reene Washington Butchers and
n. o. Miller. Mr. Keeues accountwas duly n ndeed 10
him found fault with IL lie told MT Keene
that 20 the pooling arrangement because
was Illegal or that his counsel told him Ho
never Keene that that agreement at end
The witness IN declining IN behalf Of his hr to be member
OF had said that IL would NOT be proper
for the firm TO enter into otherwse than as brokers Inc
Butchers and D. y. @. Miller had assumed the
Mr. Kecne recalled said he had never Of agree
. sGs q m ns %
except the 'a one rendered IN i Mr. Kocne
aentiaed bin o. particulars rendered IN the suit Of e.
for The planin That which for an accounting in
William B. Jordan expert accountant said no had eI
s BIN Of to and Se sa s
OF the sellers were not given and ni COMMISSIONS were
charged BY r. A. Kent Co to both purchaser and seller In
Jacob Heriek president Of the Produce Exchange.
dqee brokers 70 ne o. an
both buyer and seller in the same TRANSACTION
%as done IN oreT 70 the Of
their customers FOR the advantage OF the latter
The decision WAS reserved
ARE HIS wfFES AFFECTIONS WORTH $l5,000t
The Major Herman H. Holzborn artist against
Paroe for Alternating Mra Regina Holzborns afec'
lions OF $4,000 brought TO trial yesterday
Supreme Court before Justice Ingraham and jury
arrested In 1882 the complaint OF his wife,
who charged hum with assault He says that while he was In
taking children and all the furniture
she began for limited divorce and obtained
Barrett order giving her $40 week anony
and 80 counsel fee For failure TO pay this Hoborn was
JAIL where he languished for about ten months being
released about . year ago under the law The
plaintiff wtness-stand yesterday said that he
about fifteen In the beginning of his do
his wife went to Coney Island and said all
night and for alleged assault following this he
lie aiterward found that his wife was living with
atcrs liquor Blocker and Macd0u
gal witness entered the house OF hts wife
thrown out BY Paree whom he had arrested for as
sault Then Holzborn began her suit for adivorce
spencer Totem car driver and Edward Putnam Pardccs
coroborated the statement that Mrs H0lzborn
had living with Paree The trial will continue day